Green investment: The prudent choice for prosperity
Article
The UK drastically needs to reduce carbon emissions and address biodiversity loss. Meanwhile, the public, staring down the barrel of soaring costs and economic headwinds are looking for tangible improvements to their everyday lives and local environments.
In the recent autumn statement, the chancellor set out the government’s plans to respond to the turmoil from October’s mini budget. He outlined significant tax rises, new fiscal rules limiting borrowing, and significant cuts to public services from 2025. Within this changed political and economic context, the politics of the 2010s with a narrow focus on debt is threatening a return.
This paper sets out how to increase public spending on climate and nature, at speed to maximise economic opportunities and ensure ongoing public support.
Related items
One year in: the government is making decent down payments for the years ahead
It’s fair to say it hasn’t been a straightforward first year for the government.Britons back local leaders with fiscal firepower
“Death and taxes,” they say, are life’s only certainties. But there’s a third - wherever taxes are controlled, power lies.Filling the funding gap: at what cost to Scotland’s public services?
Last week the Scottish government published its delayed Medium Term Financial Strategy (MTFS) which ‘provides the economic, funding and spending outlooks for the financial years 2025/26 to 2029/30’ and ‘the Government’s fiscal strategy to…